SEATTLE--(BUSINESS WIRE)--Attorney Advertising. Keller Rohrback L.L.P. is investigating possible significant losses resulting from the Jackson National Life Insurance Company Defined Contribution Retirement Plan investments in the high cost proprietary investment products offered and managed by the Plan sponsor Jackson National Life Insurance Company (“Jackson National”) and its affiliates in violation of the Employee Retirement Income Security Act (“ERISA”).
The investigation focuses on whether Jackson National breached its fiduciary duties and engaged in transactions expressly prohibited under ERISA by, among other things, maintaining expensive Jackson National-affiliated investment options in the Plan lineup when cheaper, comparable investment options were available to it. These breaches possibly cost participants and beneficiaries of the Plan substantial losses of their retirement savings.
If you would like more information regarding our investigation, please contact attorney Tanya Korkhov via email at ERISAClaim@KellerRohrback.com or at 800.776.6044.
About Keller Rohrback
For decades, investors have trusted the attorneys at Keller Rohrback L.L.P. to help them recover losses due to breaches of fiduciary duty. Keller Rohrback L.L.P. has a national reputation for groundbreaking ERISA class action litigation, and serves as lead and co-lead counsel in ERISA and other class actions throughout the country. With offices in Seattle, Phoenix, New York City, Ronan, Santa Barbara, and Oakland, our Complex Litigation Group is proud to offer its expertise to clients nationwide. Our trial lawyers have obtained judgments and settlements on behalf of clients in excess of eighteen billion dollars. More about the law firm and its successes can be found at www.krcomplexlit.com, or connect with us on Facebook, Twitter or LinkedIn.
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